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Friday, January 8, 2010

Story:Lok Housing and Constructions Limited constructs residential townships and buildings in and around Mumbai. It constructs residential complexes, commercial centers, single storey bungalows, multistoried towers, flats, pent houses, and plush condominiums. The company was founded in 1982 and is based in Mumbai, India.Lok Housing has very big land bank in and around Mumbai acquired at very low rates.However, its share price had fallen from its all time highs due to exit of some operator and not-so-good image of the promoters. However, now some big investors/FI have accumulated large chunk of its equity.If marketmen are to be believed, company will make equity placement in next 2-3 months at Rs 70-80/ and hence, its share price is tipped to higher in the coming months.These are some rumuors/buzz which am hearing my sources.Lot of people have burnt their hands by opting for the counter in the yester years.Lok housing is only suited for very high risk apetite investors.Retired and middle aged guys stay away from it.

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october 2013

September 2013

Arun.K.Mukherjee

A 26 year old bong lad from the outskirts of kolkata who loves stock markets more than his gfs or anything.Here in the stocks world since when i was 14,started investing in markets with 1000rs which compounded and has turned "a decent respectable portfolio" now.Learning everyday still a novice who intent to put news and stuff which were out of reach to simple retail investors.